On today’s show, Liz talks with Mike Harmon — the distressed lecturer. Mike graduated from college with dreams of going to Wall Street, but it was 1991 and a recession caused brought the party to an abrupt halt. He landed at a bank working on distressed loans, finding his calling in the distressed asset business.
But after 20+ years in the business, his “turkey thermometer popped” (as he puts it) – he was burned out, not seeing his family, and needed to move on. Sound familiar?
Luckily, a happiness lecture on the Okinawans at his Harvard Business School reunion prompted him to find his “ikagai” — or reason for waking up in the morning. He discovered a passion for public radio and teaching in that search. Today, he is a happy part-time lecturer at the Stanford Business School. Join Liz as she talks to Mike about how he made the journey to his third act.
2:14 The party is over on Wall Street
3:25 Loving distressed assets
4:20 Career at Oaktree Capital
5:20 The turkey thermometer pops
8:33 The impact of the Happiness Lecture
9:44 Mike’s criteria for choosing what to do next
10:20 Joining the board of a public radio station
12:46 Starting his graduate school teaching career at Harvard Business School
14:21 How to get a teaching job at Stanford
15:50 What’s next with in Mike’s third act
You can find more about Mike on his LinkedIn. The radio station he mentions in LA, KCRW, hosts a podcast called “Left, Right and Center” which can be found here.
If you enjoyed the podcast, please subscribe and share a review. Engage with more stories of those finding fulfillment in the third act of their lives on Liz Tinkham’s Third Act podcast at thirdactpodcast.com.